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Home Data | Cost of Living | Health | Population | Other

HOME PRICE TO RENT COMPARISON


Compare home prices to renting in your favorite retirement city or town. Is it more affordable to purchase that retirement home or to rent?

The Home Price/Rent Index is a tool to help with that decision.

Kingston, New York has the lowest Price/Rent indexes of any of our top 99 retirement cities, indicating a great retirement home purchase opportunity.





Compare Home Prices to Rents
2017-18
         
  Home Price Monthly County Price/Rent
City/Town (000s) Rent (for Rent) Index*
Kingston, NY $169 $1,479   7.7
San Marcos, TX $235 $1,679 Caldwell/Hays 9.4
Winter Haven, FL $159 $1,134 Polk 9.4
Concord, NH $242 $1,722 Merrimack 9.4
Columbia, SC $165 $1,173   9.4
Hanover, PA $176 $1,229 York 9.6
Springfield, MO $160 $1,105   9.7
Valdosta, GA $144 $994   9.7
Gatlinburg, TN $154 $1,061 Sevier 9.7
Green Bay, WI $163 $1,113   9.8
Clarksville, TN $172 $1,169   9.9
Fond du Lac, WI $148 $993   10.0
Oak Ridge, TN $141 $944 Roane 10.0
Portland, ME $278 $1,805   10.3
Melbourne, FL $219 $1,405 Brevard 10.5
Rochester, MN $180 $1,146   10.5
* A lower Price/Rent Index is a strong case for buying that retirement home,
                        a higher index indicates you should consider renting.
* Price/Rent Ratio = Percentage of the City Average Home Price (adjusted for the
                        statistical difference between the average and median) to the Median
                        Annual Rent of a similar house (assume a 3-bedroom house)
Current Home Prices are through December 2017. Monthly Rents are for 2018.


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